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20121202
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reason why we are seeing confidence fall. alisyn: do you think the days after a presidential election are normally filled with promise, the promise of better days ahead. there is a high from election? but this with the consumer confidence plunging how do you make sense of it so soon after the elections? >> it was a miserable election. wasn't it. the whole time we had a small conversation. the president ran a pretty negative campaign and didn't win a mandate on big stuff. he did talk about his desire to increase taxes which may go to melissa's point. but after an elect like this. there isn't that goodwill. there isn't that kind of national coming together that you might have seen for, say, bill clinton or ronald reagan and their reelection. people are pretty bummed out. alisyn: tell us what the larger issue is. does this mean people won't be spending as much on christmas gifts in how do it translate to what it means to the economy? >> it's always hard to reconcile how people feel and how they act. we know you may feel like you shouldn't spend a lot of money but when push comes to showf
boehner admits that basically the president won the election, and that, in fact, taxes have to go up, in terms of tax rates have to go up on the rich, the president is prepared to see the nation go off the fiscal cliff, shep. >> shepard: what's the thinking on whether they can actually come together at some point here, ed? >> right now it's pretty dim. if you look at what speaker john boehner said in that exclusive interview with our own chris wallace on "fox news sunday." he said right now there are nowhere in these talks. other serious republicans like lindsey graham says he thinks we are edging closer to closer to this just being in calamity. >> i think we are going over the cliff. it's pretty clear to me that they made a political calculation. >> he believes we are likely to go of 00 cliff now. the bottom line is tonight the president is hosting congressional leaders for this congressional ball. basically a black tie holiday party. maybe they will start talking about compromise but so far none in site. ed henry live on the north lawn. prince william's wife kate in the hospital be
these negotiations. if he really was going to have an about face after the election and really concerned about the legacy, i actually disagree to a certain extent because i think that he thinks the first four years was his legacy. >> yeah. i think you're right to some extent. this is obviously we're speculating here. the president could, this might happen, might be a last minute razzle dazzle here, where he rushes in and they've already kind of agreed to a deal and he didn't get everything he wants, but he gets most of what he wants. he might envision something like that. i'm telling you, when i heard folks like lindsey graham over the weekend say, i don't think there is going to be a deal, that kind of stuck with me and maybe there won't be a deal. i'm not sure that's such a bad thing given what the alternatives are. >> steve: i'm sure you've heard or seen that apparently the republicans doomsday plan, if the talks collapse, allowed the vote on extending the middle tax class tax cuts, the senate passed that back in august, and the republicans would all vote present, then allow the democrats t
raised millions for the president's re-election. >> please join us, just don't be late. >> reporter: and politicians often reward their biggest fund-raisers. but ambassador anna wintour. privately white house sources say wintour is in the running for a plum diplomatic post, either ambassador to france or britain. wintour may not even want the job. she is, after all, the reigning queen of fashion, and queens don't have to be diplomatic. david wright, abc new, los angeles. >> she has been at "vogue" for 25 years, born in london, 63. apparently you know her quite well. >> yes, there we are. >> she's mad at you because you're not wearing a tie. >> she would be frowning upon most of the things i would wear. i have some kind of weird chest hair pattern in there. >> you have a necklace on. >> is that what it is? you are going david hasselhoff on us. >> we'll be right back. >> yeah! ♪ that's what it's for >> announcer: this is abc's "world news now," inform ñ >>> this morning on "world news now" -- moment of horror. a break in the subway death that has shocked new york. police have captu
't know, maybe because he thinks he can. he won a big election and push it on whether it's right or wrong. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cu
Search Results 0 to 4 of about 5